Jesse's Café Américain

"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44

Showing posts with label high frequency trading. Show all posts
Showing posts with label high frequency trading. Show all posts
06 May 2010

PLUNGE! 1987 Style Sudden Drop in US Stocks Driven by Program Trading and a Ponzi Market Structure

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“Lasciate ogni speranza, voi ch'entrate." Dante Alighieri, The Inferno, Canto III, 9 US equities were gripped by panic selling as t...
30 December 2009

Ghosts of 1987

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I am a 'fan' of very few people in the money business. One of my favorite pundits is a frequent guest on Bloomberg Television, which...
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